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A top U.S. banking regulator called Deutsche Bank's capital levels "horrible" and said it is the worst on a list of global banks based on one measurement of leverage ratios.
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The Democrats are putting huge pressure on Vice President Biden to deliver in tonight's VP debate. How can Joe Biden make the case to re-elect President Obama? Ari Melber, The Nation Magazine correspondent, and Phil Musser, Romney Surrogate, provide perspective.
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CNBC's Larry Kudlow says he doesn't bet that Biden's debate performance tonight is going to be any different than President Obama's last week, and shares his advice for GOP VP Nominee Paul Ryan. John Heilemann, New York Magazine, and Illinois Republican Congressman Aaron Schock, share their opinions.
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WASHINGTON, Oct 11- Republican Mitt Romney would accelerate spending on new U.S. Navy warships, cut the Pentagon's civilian workforce and speed up development of new weapons systems if he wins the 2012 presidential election, two advisers said on Thursday.
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TOKYO, Oct 12- Greece, Spain and the euro zone's slow progress toward debt reform take centre stage at IMF meetings on Friday despite Europe's best effort to remove itself from the spotlight.
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Argentina's government said the ruling violates international norms as well as rulings by judges in the U.S., Germany and France that found Argentine military vessels immune from the seizures.
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Larry Kudlow looks at the new polls which suggest five states have gone from leaning Obama to toss-up status. Is Mitt Romney closing the gap?
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The task tonight for Paul Ryan tonight is to try to accelerate the momentum that Romney gained last week, reports CNBC's John Harwood; and what to expect in tonight's VP debates, with Dean Baker, Center for Economic and Policy Research, and Grover Norquist, Americans for Tax Reform.
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WASHINGTON, Oct 11- The cost of sending a letter in the United States will go up by a penny next year, the cash-strapped U.S. Postal Service said on Thursday. The Postal Service will also offer a new, global Forever stamp starting next year, which customers can use to send letters anywhere in the world for a set price of $1.10.
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NEW YORK-- Moody's Analytics' chief economist thinks the U.S. economy could revive next year and cause the pace of growth to roughly double from its current rate by 2014-- unless Washington runs right over the "fiscal cliff" next year. Zandi's brighter outlook for the next two years assumes Congress and the White House tackle "fiscal issues," he writes.
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Vice President Joe Biden to deliver a feisty performance Thursday evening during a high-stakes debate against Republican challenger Paul Ryan and seize back momentum in the race for the White House.
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NEW YORK/ HOUSTON, Oct 11- Oil major BP Plc has secured U.S. government permission to ship U.S. crude oil to Canada, and Royal Dutch Shell has applied for an export license, as rising production in the world's top oil consumer upends global energy flows.
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WASHINGTON, Oct 11- As many as 14,000 people- more than previously thought- received possibly tainted steroid injections tied to a deadly U.S. meningitis outbreak and patients should watch for symptoms for several months, health officials said on Thursday.
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The cash-strapped U.S. Postal Service said Thursday that it will raise postage rates on Jan. 27, including a 1- cent increase in the cost of first-class mail to 46 cents. Currently, the prices vary depending on the international destination, with letters to Canada and Mexico costing 85 cents.
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*Deal could lead to Sprint buying Clearwire- analysts. *Sprint, Clearwire soar in afternoon trade; MetroPCS down. The Japanese company might also be aiming to use Sprint as a vehicle to make a run at smaller Sprint peer MetroPCS Communications Inc, a two-step transaction that would potentially cost more than 2 trillion yen, according to a Nikkei report.
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WASHINGTON, Oct 11- The U.S. Commodity Futures Trading Commission may delay a rule set to take effect on Friday that would impact cleared energy swaps, according to a report by Bloomberg on Thursday.
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WASHINGTON-- Declining applications for unemployment benefits have typically pointed to stronger hiring. Since the U.S. recession officially ended in June 2009, fewer layoffs have meant fewer people seeking unemployment aid.
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WASHINGTON, Oct 11- Goldman Sachs Chief Executive Lloyd Blankfein on Thursday became the latest big-name business leader to pledge to pay a steeper tax rate- 5 percent more, he said- in exchange for a long-term bipartisan deal in Congress to keep the country from falling off the "fiscal cliff."
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WASHINGTON, Oct 11- The number of Americans filing new claims for jobless benefits slid last week to the lowest level in more than four and a half years, according to government data that may provide a boost to President Barack Obama a month before voters go to the polls.
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WASHINGTON, Oct 11- The New England Compounding Center, the pharmacy at the heart of a deadly meningitis outbreak, assured federal health officials that it was producing safe products, according to regulators, who said on Thursday that the firm appears to have violated its state licensing requirements.
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WASHINGTON, Oct 11- The number of Americans filing new claims for jobless benefits slid last week to the lowest level in more than four and a half years, according to government data that may provide a boost to President Barack Obama a month before voters go to the polls.
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